Finally, corn is breaking lower. Do not misconstrue this post as some sort of endorsement for technical analysis– oh no. It’s just the easiest way to show you the pending doom and destruction those fucking farmers face.
Let corn come down and fertilizer costs gap higher, I always say.
Adequate ways to play the fall of corn is to short [[GRU]], [[JJG]] or [[DBA]].
However, the best ways to profit from a weak grain market is to buy the 200% inverse agriculture ETN: [[AGA]], which consists of corn, soybeans, sugar and wheat.
If you are a straight gangster, wanting to profit from the demise of all commodities, [[DEE]] is your play. DEE shorts crude oil, heating oil, aluminum, gold, corn and wheat, at a 200% clip. In other words, “fuck the farmer” and the oil guy.
The 200% upside ETN’s are [[DAG]] and [[DYY]].
NOTE: As you know, my favorite stock ideas, for a fucked corn tape, are [[VSE]] and [[AVR]].
NOTE II: If you’re interested, the prospectuses can be found here.
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